Learn trading in the Year of the Tiger

The start of the Lunar New Year is an auspicious time to attract prosperity to your home by polishing your financial skills or learning new ones like online trading. It has become popular among Filipinos over the years, especially those in the younger age groups, because of its earning potential. The availability of online trading platforms made the practice more accessible to beginner and professional traders. Here are a few reasons why you can also enjoy online trading:

It is easy to open and manage your account online.

You only need to register at your chosen online trading platform and wait for your account to be verified. With a stable internet connection and a laptop or a smartphone, youre set to trade even at the comfort of your home or on-the-go.

It is fast and convenient.

Depositing funds into your trading account from your bank can easily be done online too. Once your account has enough funds, you can start buying or selling stocks with just a few clicks. This also means you can execute your trades as fast as you need to take advantage of the market.

It requires fewer fees.

Trading online is cheaper because it has less transaction costs and fees than traditional trading done in physical brokerage firms.

You control which assets you want to trade.

With online trading, you get to choose which assets to trade. That‘s why it’s important to study the market and strategize properly before proceeding with your trades.

You can check your investments in real time.

Traders only need to log into their accounts to check their investments in real-time. They can also get a better understanding of the current market because many online trading sites supply trading and stock information.

There are plenty of learning tools to polish your skills.

Not yet confident in your abilities？ Some platforms offer demo accounts so you can practice and improve your trading skills before you switch to your real account. When using the demo account, you won‘t have to suffer any real losses while you’re still a beginner. Additionally, there are plenty of free training, trading tournaments, video tutorials and articles on the web that you can learn from.

If you‘re eager to hone your trading skills this Year of the Tiger, Binomo is a financial tool you can utilize for your needs. Binomo offers a wide range of financial assets with almost 987,000 active traders daily from 133 countries. Users enjoy Binomo because it doesn’t require a huge amount of money to get started. You can begin trading even with a minimum account balance of Php500. The minimum cost of trade is also low starting at Php50, making trading more affordable especially for beginners. Just keep in mind that there are no guarantees in trading, so you should only use funds that you can afford to invest. There are always opportunities and risks in the financial market.

Start trading today with Binomo! Go to the official Binomo website or download the Binomo app from the AppStore or Google Play.

Get instant information on trade closings, promotions, tournaments, and the finer points of online trading by following Binomo on social media: YouTube, Instagram, and Twitter.